What Does a Shifting Market Mean for You?

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MLS Sales Data for September for closed transactions show prices steadying with North Side prices falling below South Side prices in some cases. It looks that 2016’s high-water mark for prices was in April 2016 when the median San Francisco single-family house sold for $1.372M compared to September’s $1.3M. Likewise median prices for condos went from $1.125M in April 2016 to September’s $1.050M. Other data shows a continuing adjustment but this may have more to do with the election than anything else. For more data, such as average days on market, prices for individual neighborhoods, click here.